Key Stats
- Current Price: $0.6317 USD (+3.18% in 24h)
- 24h Trading Volume: $23.55M USD
- All-Time High: $23.4390 (March 13, 2021)
- All-Time Low: $0.4472 (August 5, 2024)
About SushiSwap
SushiSwap emerged as a trailblazer among food-themed decentralized exchanges (DEXs), consistently ranking among the top 10 DEXs by trading volume. Its native token, SUSHI, serves as both a governance and utility asset.
Notable History
Founded by the pseudonymous Chef Nomi, SushiSwap gained early notoriety in 2020 when its creator temporarily withdrew $14M in ETH before returning the funds. While controversial, the incident underscored the platform’s resilience and community-driven ethos.
Market Analysis
Technical Indicators
| Indicator | Signal | Trend Interpretation |
|-----------------|-----------|----------------------|
| Oscillators | Neutral | Mixed sentiment |
| Moving Averages | Neutral | Consolidation phase |
👉 Explore real-time SUSHIUSD charts
Related Cryptocurrencies
Discover similar DeFi tokens with comparable use cases:
- Uniswap (UNI)
- PancakeSwap (CAKE)
- Curve DAO Token (CRV)
Frequently Asked Questions
1. What drives SushiSwap’s price volatility?
SUSHI’s price reflects broader crypto market trends, liquidity pool activity, and updates to its decentralized exchange protocols.
2. How do I trade SUSHI safely?
Use regulated exchanges like Binance or Coinbase, and analyze technical ratings before executing trades.
3. What’s SushiSwap’s long-term outlook?
While SUSHI has declined 23.67% YoY, its ecosystem continues evolving with new DeFi integrations.
4. Where can I discuss SUSHI trading strategies?
Join crypto communities on TradingView or public forums to exchange ideas.
Why Monitor SUSHIUSD?
- Volatility: 12.53% daily fluctuations offer short-term opportunities.
- Trend Analysis: Historical data reveals recurring patterns during market cycles.
👉 Stay updated with live SUSHIUSD metrics
Disclaimer: Crypto trading involves risk. Conduct independent research before investing.
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